volatility of the exchange rate of the national currency, the advance in the probability of a currency crisis and the … to an external debt crisis. In addition, other indicators are used to assess the debt characteristics of an economy. The …-financial crisis triggered in 2008, and the other is the COVID- 19 pandemic. The results show that Romania is vulnerable to the …

accumulation rather than crisis dates and find that in both advanced and EMEs, corporate debt buildups cause more financial peaks …

The Euro Crisis has marked a sharp inversion in the process of the European financial integration and, more … allocation. Three main empirical regularities stand out: i) the repatriation of debt occurred primarily in crisis countries; ii …) the repatriation affected mainly public debt; iii) the public debt of crisis countries was reallocated to politically …

, coinciding with significant either the DOWN in the pre-crisis period (2008-'10) or the DEBT in the post-crisis one (2011-'13) on …

What type of crisis is generated when debt increases? We study the Spanish debt evolution in the 19th and 20th …